Willfar(SH:688100)2022-10-24 16:00Financial Performance - The company's revenue for Q3 2022 was ¥537,561,061.56, representing a 19.78% increase compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2022 was ¥93,963,098.70, an increase of 16.12% year-over-year[6]. - The net profit after deducting non-recurring gains and losses was ¥111,867,559.75, reflecting a significant increase of 43.83% compared to the previous year[6]. - Basic and diluted earnings per share for Q3 2022 were both ¥0.19, an increase of 18.75% year-over-year[8]. - The total comprehensive income attributable to the parent company was CNY 284,256,123.93, an increase from CNY 248,320,384.16 in the same period last year, representing a growth of approximately 14.5%[38]. - Basic and diluted earnings per share increased to CNY 0.57 from CNY 0.50, reflecting a growth of 14% year-over-year[38]. - Net profit for the third quarter of 2022 was ¥285,158,896.80, compared to ¥248,401,282.24 in the previous year, representing a growth of 14.7%[36]. Research and Development - R&D investment totaled ¥53,565,283.17 in Q3 2022, accounting for 9.96% of revenue, a decrease of 0.94 percentage points from the previous year[8]. - The company had 374 R&D personnel, constituting 49.6% of the total workforce, and added 8 new patents during the reporting period[22]. - Research and development expenses increased to ¥140,334,095.48 from ¥122,438,275.65, marking a rise of 14.6% year-over-year[36]. - The company plans to continue focusing on R&D and market expansion to drive future growth[12]. Assets and Liabilities - Total assets at the end of Q3 2022 reached ¥3,978,511,534.14, marking a 7.20% increase from the end of the previous year[8]. - The total assets of the company as of the reporting date were ¥3,978,511,534.14, up from ¥3,711,326,203.94, indicating a growth of 7.2%[32]. - The total liabilities increased to ¥1,188,631,579.41 from ¥1,076,605,146.01, reflecting a rise of 10.4%[32]. - The company's equity attributable to shareholders reached ¥2,756,428,368.52, compared to ¥2,602,608,154.51, an increase of 5.9%[32]. - Deferred tax assets rose significantly to ¥26,221,935.90 from ¥16,868,041.35, a growth of 55.5%[32]. Cash Flow - The company reported a net cash flow from operating activities of ¥56,809,773.02, which decreased by 28.80% compared to the same period last year[6]. - Cash inflows from operating activities totaled CNY 1,226,619,687.97, compared to CNY 969,734,275.46 in the previous year, marking a rise of about 26.5%[42]. - The net cash flow from operating activities was CNY 56,809,773.02, down from CNY 79,785,751.48, indicating a decrease of approximately 28.8%[42]. - Cash outflows from investing activities amounted to CNY 473,857,357.74, a decrease from CNY 520,088,301.61, showing a reduction of about 8.9%[42]. - The net cash flow from investing activities was negative at CNY -202,514,877.36, compared to CNY -78,901,863.00 in the previous year, indicating a worsening of investment cash flow[42]. - The company’s financing activities resulted in a net cash outflow of CNY -123,132,972.67, compared to CNY -62,800,287.00 in the previous year, reflecting a significant increase in cash outflow from financing[44]. Market Performance - The company achieved operating revenue of RMB 537.56 million in Q3 2022, a year-on-year increase of 19.78%[21]. - From the beginning of the year to the end of the reporting period, the company reported operating revenue of RMB 1,485.99 million, up 14.34% year-on-year[22]. - The company signed new contracts worth RMB 2.235 billion, representing a year-on-year increase of 29.48%[22]. - The domestic market generated RMB 1,262.66 million in revenue, accounting for 85.41% of the main business income, with a year-on-year growth of 9.05%[22]. - The international market revenue reached RMB 215.70 million, making up 14.59% of the main business income, with a significant year-on-year increase of 58.22%[22]. Shareholder Activities - The company plans to repurchase shares with an amount not less than RMB 150 million and not exceeding RMB 300 million, with a maximum repurchase price of RMB 30 per share[24]. - The company’s controlling shareholder increased its stake by acquiring 4,999,877 shares, representing 1% of the total share capital[23]. Awards and Recognition - The company received multiple awards, including the first prize for scientific and technological progress from the China Electrical Engineering Society[23].